Equity week 3, management, Management Theories

Assignment Help:
Exercise: The Issue of Equity-Read the following situation:

The local textile plant has a workforce of 55 full-time hourly workers, 12 part-time workers (less than 15 hours per week), and six managers that are salaried. The company has been struggling for about five years and has just lost its only major account with a sporting clothes company. Contract renegotiations have been intense for the past six months, but they collapsed two days ago. There is barely enough cash to pay workers for their last two weeks of work. In order not to incur additional payroll obligations to the workers, the company has called a meeting of all employees to announce the plant''s closing at the end of the week (in two days). Although the workers were not overly surprised, they were overwhelmed that so many would be seeking employment in their small community within the next few days. Even though the hourly workers are to be terminated at the end of the week (in two days), managers (those that are salaried) will receive their pay for another 60 days as they handle the closing of the plant.

Analyze this situation from the perspective of the company managers and the HR department by addressing the questions below. Before beginning your analysis, read Section 639.9 "When may notice be given less than 60 days in advance" of the Worker Adjustment and Retraining Notification (WARN) Act. This can be found on the Department of Labor Web site: https://www.dol.gov/dol/allcfr/ETA/Title_20/Part_639/toc.htm. This is a brief section of the act, which is easy to read.

Answer the following questions in your report:

Do you agree with management''s human resource plan of action for the immediate plant closing? In your opinion, was the decision fair? Why or why not? Explain in detail and include the legal implications. What does the WARN Act say that allows the plant to close inside of the 60-day notice period?

What possible alternatives do the managers and HR have in handling this scenario? If no other attractive options exist and they must depart in two days, what kinds of assistance can the plant give the newly unemployed workers? Explain how this may affect the organizational morale for the remaining workers. Given the financial restrictions, is outplacement assistance a possibility?


Related Discussions:- Equity week 3, management

Liquidconnective tissue, #question.what is its shape locations and functio...

#question.what is its shape locations and functions.

Operations management, trace the historical evolution of operations managem...

trace the historical evolution of operations management mainly from rural agricultural area of the artisans to the present industrial revolution.

Mis, Strategic MIS Categories in Detail.

Strategic MIS Categories in Detail.

Porifera, Asexual reproduction in porifera is by which means?

Asexual reproduction in porifera is by which means?

Modigliani and miller approach, discuss modigliani and miller approach. cri...

discuss modigliani and miller approach. critically analyse the hypothesis?

What do you mean by a strategy, Q. What do you mean by a strategy? Stra...

Q. What do you mean by a strategy? Strategy is classified as the determination of long-term objectives of an organization. Making the best choices for the future as well as all

Define decision making, Q. Define: Decision Making Decision making enga...

Q. Define: Decision Making Decision making engages selection of best course of action among different alternatives courses of action.

Grouping jobs and functions ans divisions, a hospital may have hundreds or ...

a hospital may have hundreds or thousands of employees while a private physician’s office may have just a few employees. For the organizations below, describe which organizational

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd